Li Auto stock rallies after June EV deliveries rise nearly 70%

The U.S.-listed shares of Li Auto Inc. /zigman2/quotes/219811686/composite LI -1.29% rose 1.5% in premarket trading Friday, after the China-based electric vehicle maker reported a more than 63% jump in second-quarter deliveries. The company said it delivered 13,024 Li ONEs in June, up 68.9% from a year ago, after delivering 11,496 Li ONEs in May. The company had unveiled its Li L9 six-seat smart utility vehicle on June 21. That lifted second-quarter deliveries to 28,687, a 63.2% increase from a year ago. Li Auto's stock has rallied 19.4% year to date through Thursday, while the iShares MSCI China ETF /zigman2/quotes/206267952/composite MCHI -0.46% has lost 11.1% and the S&P 500 /zigman2/quotes/210599714/realtime SPX +0.0079% has dropped 20.6%.

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Li Auto Inc. ADR

US : U.S.: Nasdaq

$ 35.19

-0.46 -1.29%

Volume: 3.56M

Oct. 2, 2023 4:00p

P/E Ratio

155.09

Dividend Yield

N/A

Market Cap

$35.02 billion

Rev. per Employee

$550,152

/zigman2/quotes/206267952/composite

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iShares MSCI China ETF

US : U.S.: Nasdaq

$ 43.09

-0.20 -0.46%

Volume: 3.50M

Oct. 2, 2023 4:00p

/zigman2/quotes/210599714/realtime

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S&P 500 Index

US : S&P US

4,288.39

+0.34 +0.0079%

Volume: 0.00

Oct. 2, 2023 5:21p